Oil prices gain for fourth day on signs of output cuts, better demand; Brent crude up 0.7% to $35 per barrel
Oil prices rose for a fourth straight session on Tuesday amid signs that producers are cutting output as promised just as demand picks up, stoked by more countries easing out of curbs imposed to counter the coronavirus pandemic
Rupee slips 33 paise at 75.91 on concerns over rise in crude prices, weak domestic equities; stimulus fails to cheer investors
The rupee plummeted by 33 paise to close at 75.91 against the US dollar on Monday, tracking weak domestic equities and foreign fund outflows
Chidambaram dubs imposition of taxes on fuel as 'cruel' in times of distress; says govt must borrow to meet deficits
Governments must borrow to meet their deficits and not impose higher tax burdens when economic activity has ground to a halt amid the coronavirus pandemic, senior Congress leader P Chidambaram said on Wednesday after the Centre and the Delhi government hiked taxes on petroleum products
Shares of oil marketing companies -- Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd -- on Wednesday plunged up to 13 percent, a day after a hike in excise duty on petrol and diesel
Govt to gain Rs 1.6 lakh cr additional revenues this fiscal from record excise duty hike on petrol, diesel
The cash-strapped government will gain close to Rs 1.6 lakh crore in additional revenues this fiscal from a record increase in excise duty on petrol and diesel, that will help make up for revenue it lost in a slowing economy and shutting down of businesses due to coronavirus lockdown
The Meghalaya government has increased taxes on petrol and diesel from Wednesday amid the nationwide lockdown and plunging crude oil prices, officials said on Wednesday
State-owned ONGC has asked the government to waive payment of oil cess and royalty as plummeting international oil prices have meant that the rate it now gets does not even cover the operating cost, sources said
Stock Market Today Latest Updates: Indices give up gains as Sensex tanks over 300 points, Nifty above 8,900-mark; bank, auto, energy stock fall
Stock Market Today LIVE Updates: Sensex soars above 770 points, Nifty crosses 9,200-mark; Rupee opens high
Oil bounced back on Wednesday, with US crude jumping over $1, lifted by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts to shore up prices that have crumbled amid the coronavirus pandemic
Forex traders said the rupee consolidated in a narrow range as gains were restricted by sustained foreign fund outflows and robust selling in domestic equities.
Rupee gains 11 paise to close at 71.27 against US dollar tracking heavy buying in domestic equities, easing crude prices
The Indian rupee on Tuesday appreciated by 11 paise to close at 71.27 against the US dollar, tracking heavy buying in domestic equities and easing crude prices
The rupee pared early losses to settle 3 paise down at 71.35 against the US dollar on Monday, tracking recovery in domestic equities and easing crude oil prices
The Indian rupee on Tuesday appreciated by 10 paise to end at 71.33 against the US dollar as crude prices eased following concerns that oil demand will be hit amid rapid spread of coronavirus from China to other countries
Rupee slips 10 paise to close at 71.43 amid heavy selling in domestic equities on concerns over spreading of coronavirus
The rupee declined by 10 paise to settle at 71.43 against the US dollar on Monday, amid heavy selling in domestic equities following increasing concerns overspreading of coronavirus from China to other countries
Rupee falls by 7 paise to end at 71.33 on dollar demand from importers amid correction in crude oil prices
The rupee depreciated by 7 paise to close at 71.33 against the US dollar on Friday due to dollar demand from importers amid a correction in crude oil prices following the outbreak of coronavirus in China
Oil declines as market surplus forecast counters Libya worries; US crude output expected to rise to record highs in February
US oil fell 29 cents, or 0.5%, to $58.09 a barrel, having declined 0.3% the day before.
Oil jumps to highest in more than a week after Libyan shutdowns; crude flow from OPEC member to be cut
Oil prices had fallen back in the last two weeks. After the outbreak of hostilities between the US and Iran at the beginning of the year triggered a jump, both sides took steps to pull back from conflict.
Rupee logs 4th straight gains, spurts 27 paise to 70.94 against dollar on softening crude oil prices
In the last four trading sessions, the rupee has gained 99 paise against the US dollar.
Oil prices rose on Thursday, recouping some of the heavy losses from the previous session as the market rebalanced after Washington and Tehran looked to defuse a potential Middle East crisis
Rupee recoups day's losses, settles 12 paise higher to close at 71.70 amid further escalation in US-Iran tensions
The Indian rupee retrieved early losses to settle 12 paise higher at 71.70 against the US dollar, but overall forex market sentiments remained subdued amid further escalation in US-Iran tensions